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hold a foreclosure sale until all other alternatives have been considered.
• For more details on the new mortgage rules, visit www.consumerfinance.gov/mortgage.
• Bottom line: You should never enter into a mortgage (or other loan) you can't understand or afford. But it's nice to know that stronger regulations are now in place to help prevent another housing meltdown.
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• Jason Alderman directs Visa's financial education programs. To participate in a free, online Financial Literacy and Education Summit on April 2, 2014, go to www.practicalmoneyskills.com/summit2014.
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